Fintech Startup EduFi Secures $6.1M led by Zayn VC to Launch Student Loans with Study Now Pay Later
- 1 year 2 weeks ago
- Fundraising News
Education is a lever of economic growth and social development in any country but poor quality state school provision often drives many families to fee-paying schools. Helping these families manage the financial challenges of school fees, EduFi is today announcing a $6.1m funding round for its Study Now, Pay Later lending platform. It has launched in Pakistan, a country where 40% of students are attending a fee-paying school and spending... more
Almond FinTech Secures $7M
- 1 year 2 weeks ago
- Fundraising News
Almond FinTech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding will help broaden Almond’s rapidly expanding network in Asia, the Americas, and Africa while reinforcing its commitment to making financial services affordable and accessible to people everywhere.
Monument Raises over $50M (£40+ Million) in Successful Series B Funding Round
- 1 year 2 weeks ago
- Fundraising News
Monument (or the “Bank”) today announced that it has successfully completed its Series B funding round, having raised over $50 million (£40+m) , backed by a combination of existing and new investors. Since its inception, Monument has raised in excess of £100 million in equity capital, consistently achieving successive ‘up-rounds’. Positioned well with its ground-breaking technology, exceptional team, and well-capitalised backers, Monument is set... more
Performativ Secures €5.5M to Transform Europe's Underserved Wealth Management Sector
- 1 year 2 weeks ago
- Fundraising News
Performativ, a visionary leader in wealth management technology, has secured a €5.5 million seed investment led by FinTech Collective. This investment will supercharge Performativ’s mission to revolutionize the outdated and underserved wealth management industry across the continent.
Volante Technologies Raises $66 Million in Strategic Investment Round Led by Sixth Street Growth
- 1 year 3 weeks ago
- Fundraising News
Volante Technologies, the global leader in cloud payments modernization, today announced that it has secured $66 million in debt and equity financing in an investment round led by
Risk Ledger Secures £6.25M to Prevent Cyber Attacks on the Supply Chains of Nation’s Largest Enterprises
- 1 year 3 weeks ago
- Fundraising News
Organisations have been laser-focused on protecting their networks, applications, physical premises, and people against cyber security attacks but have neglected their exposure to suppliers. Indeed, over the past 3 years, a staggering 73% of organizations have been affected by a third-party security breach.
Qomodo Raises €34.5m in Pre-seed Funding to Revolutionize Essential Expenses for Physical Retailers
- 1 year 3 weeks ago
- Fundraising News
Italian fintech Qomodo has raised €34.5m in a seed funding round led by Fasanara Capital. Qomodo is introducing a suite of smart payment solutions to physical retailers, including a Buy Now Pay Later formula for essential yet often unexpected expenses, increasing both customer peace of mind and business turnover.
Refurbed Closes $57 Million Series C Investment Round to Accelerate Growth of Refurbishment Industry
- 1 year 3 weeks ago
- Fundraising News
refurbed, who have achieved 1bn in GMV in June 2023 since its founding, has announced a $57 million (EUR 54M) investment led by existing investors Evli, C4 and Speedinvest, with significant participation from All Iron and several new backers.
FERO Raises $3M Seed Round to Pioneer Online Payment Solutions
- 1 year 3 weeks ago
- Fundraising News
FERO is delighted to announce the successful closure of a $3 million seed round from Coatue, Volta Ventures, and Antler.
Connectly Secures $7.85M in Series A Funding
- 1 year 3 weeks ago
- Fundraising News
Connectly, the leader in conversational commerce, today announced its $7.85 million Series A investment led by Volpe Capital, with participation from RX Ventures and Saurabh Gupta, managing partner of DST Global. This brings the total amount the company has raised to $17.25 million.
Cybersecurity AI Firm SpiderSilk Raises $9M Led by WAED Ventures
- 1 year 3 weeks ago
- Fundraising News
SpiderSilk, a Dubai-based cybersecurity AI startup, is making significant strides in the rapidly evolving world of cyber defense. The firm announced a successful $9m funding round, spearheaded by Waed Ventures, the $500m Kingdom-based venture capital fund of Aramco. The round also saw active participation from STV and Global Ventures.
Accelex Announces $15M Series A Funding Round Led by FactSet
- 1 year 3 weeks ago
- Fundraising News
Accelex, a leading provider of AI automation for private markets data acquisition, reporting and analytics, announced today it has closed a $15 million Series A funding round led by FactSet, a global financial digital platform and enterprise solutions provider, with participation from existing investors Illuminate Financial, AlbionVC, SixThirty Ventures and Expon Capital.
Funding Societies Raises US$7.5M in Debt Funding from Norwegian Norfund
- 1 year 3 weeks ago
- Fundraising News
Funding Societies, the largest unified digital finance platform in Southeast Asia, today announced that it has raised US$7.5 million in debt from Norfund, a Development Financial Institution (DFI), which operates an investment fund owned by the Norwegian government for developing countries. This is the first debt transaction by Norfund with a FinTech SME lender in Southeast Asia.
BNPL Platform Tabby Secures $200M in Series D Funding Led by Wellington Management
- 1 year 3 weeks ago
- Fundraising News
Buy now, pay later platform Tabby has secured $200 million in Series D funding at a $1.5B valuation, making it the Mena region's first fintech unicorn head of a planned IPO in Saudi Arabia. The $200M equity round was led by Wellington Management with participation from Bluepool Capital in addition to existing investors STV, Mubadala Investment Capital, Arbor Ventures and PayPal Ventures.
Brazilian QI Tech Secures $200M Series B Led by General Atlantic
- 1 year 4 weeks ago
- Fundraising News
Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by General Atlantic.
